Occupy Wall Street Movement - 1612 Words

Occupy Wall Street Movement Business Ethics 309 Discuss the moral and economic implications involved in the movement. September 17, 2011 is the day the Occupy Wall Street (OWS) movement began in Zuccotti Park, located in New York City. The main issues include social and economic inequality, greed, corruption and the undue influence of corporations on government according to The New York Times. The mix of moral foundations based on ideas from the anthropologist Richard Shweder, outline six clusters of moral concern - care, fairness, liberty, loyalty, authority, or sanctity. OWS main moral issues include: fairness, care, and liberty. Fairness – the rich (the â€Å"1† percent) got rich by taking without giving. OWS protesters viewed the†¦show more content†¦According to the CIA’s World Fact Book, the United States now ranks 39th in the world when it comes to income inequality. What that means is that only 38 percent out of 136 countries have less equitable distribution of income than the U.S. The financ ial gap has been widening. Income inequality measures may or may not have certain desirable properties such as Scale invariance: inequality is invariant to proportional increases or decreases in Everyone’s income (Allison, 1987).The protesters in the Occupy Wall Street movement have made a point. There is an unfair division of wealth in North America and other industrialized nations around the world. The very rich continue to accumulate wealth while the poor only seem to become more poverty-stricken as time passes. The OWS highlighted an underlying issue – the gap between rich and poor – income inequality. I believe the government has some responsibility for the income inequality and wealth distribution in the U.S. Government is deeply involved in the health care and education systems. It is very deeply involved in the housing sector. It’s very deeply involved in finance. So changing government policies have to be part of the solution to any of these things. Income inequality has been increasing due to changing demographic characteristics of the U.S. population. The U.S. population is aged and there are significant increasesShow MoreRelatedOccupy Wall Street Movement1039 Words   |  5 PagesOccupy Wall Street Movement Moral and Ethical Implications Occupy Wall Street Movement Moral and Ethical Implications The Occupy Wall Street Movement that started in September 2011 in Liberty Square in the Finical District was movement organized by people to expose corruptions in cooperate America. 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This relates to the political scienceRead MoreEssay on Occupy Wall Street Movement928 Words   |  4 PagesThe Occupy Wall Street Movement that began in New York Sept. 17 and has since spread like wildfire across the world has made an undeniable impact on the social and political climate of the Upper Midwest. | With various Occupy protest committees continuing to spring up across Minnesota and North Dakota, many working people in the region who, previously, might not have come together on other political issues say they have found common ground in the Occupy Movement. 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The Occupy movement was a protest that gathered local organizers, students, and activists in response to the economic disparity of countries around the world. The protest gained momentum after a continuous series of protests took place in Zuccotti Park in New York Citys Wall StreetRead MoreThe Occupy Wall Street Movement and Ensuing Controversy Essay2019 Words   |  9 Pagesin Zuccotti Park, New York which is Wall Street’s financial district under the banner â€Å"Occupy Wall Street†: these three simple words are causing an uproar in America (Engler). Additionally, these three words happen to be protesting the current status of America’s financial condition. With the economy in America being as terrible as it is, and the unemployment rate skyrocketing, it is absolutely necessary for some sort of change to occur. The Occupy Wall Street protesting is most positively a progressiveRead More How the Media Portrays the Occupy Wall Street Movement1000 Words   |  4 Pagesof laws, to grass roots campaigns such as Occupy Wall Street. The Occupy Wall Street campaign has been portrayed negatively by the mainstream media outlets. Newspapers, radio, television, and the internet have painted the movement with offensive undertones, reporting the lows of the movement rather than the revolutionary aspects of the movement. A possible reason that the media has consistently framed this movement in a negative manner is that the movement is operating against the forces of societyRead MoreOccupy Wall Street: Positive Impact of the Protest Movement in USA1235 Words   |  5 PagesOccupy Wall Street Occupy wall Street is a protest movement in the United States of America which began on September 17, 2011 in Zuccotti Park, located in New York Citys wall street financial district. This group was initiated by a Canadian activist and it has led to occupy protests and movements around the world. The Occupy Wall Street movement began as a collective expression due to the current economic conditions in the United States of America. Occupy Wall Street has a slogan which is We